co-CEO · Founder, Amber Electric
Stories naming Chris Thompson. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Amber, an Australian home battery automation company, has secured a Series E round led by Morgan Stanley's 1GT climate fund, with earlier backers taking part, to support local growth and European expansion.
Energy retailer Amber has closed an oversubscribed $78.5 million round led by Morgan Stanley's 1GT fund, with existing backers participating, to add vehicle-to-grid capability and expand into Europe.
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ARENA's media release marks a milestone in its funded project with Amber Electric: the first vehicle-to-grid charger installed in an Australian home, which the agency frames as transformative for the power system.
Virescent Ventures announces it has invested in Amber, an Australian retailer letting home battery owners buy and sell power at wholesale rates, citing its customer base and overseas utility partnerships.
Weekly roundup of eight Australian and New Zealand funding rounds totalling about $53.5 million, led by SwarmFarm Robotics' $30 million Series B for its farm robots.
Funding roundup: eight trans-Tasman startups together secured $53.56 million, topped by SwarmFarm Robotics' Series B, with Amber, Javln, Enhance Labs, Indi, Wych, Lift Women and Ambra Spirits also raising capital.
Amber, the home battery automation company, has banked a $45 million round led by ETF Partners alongside Square Peg, Gentrack, Rubio Impact Ventures and Breakthrough Victoria; co-founder Dan Adams talks growth and overseas licensing.
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Amber Electric has bought EV charging app Charge HQ for an undisclosed price; the piece recalls the retailer's Series A, B and C raises from Gentrack, NRMA, Commonwealth Bank, Main Sequence and Square Peg.
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Breakthrough Victoria reports its $4.5 million investment in Amber Electric, a Melbourne energy software startup whose SmartShift technology optimises household electricity use, covering the company's Victorian impact, customers and hiring growth.
A profile of Startmate ranking the twenty most valuable companies it has backed, noting their valuations, past raises and founders, plus Bugcrowd's newly announced purchase of Informer and its climate focus.
Amber has acquired energy monitoring app Powerpal for $9.5 million. The article also recalls Amber's $13.4 million raise in October, which included NRMA among its investors.
Square Peg's retrospective of 2019: five new portfolio companies, several large rounds it led or co-led, two acquisitions, two IPOs, new team members, and its capital deployed across new and follow-on deals.
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Square Peg Capital's investment note explaining why it led energy retailer Amber's seed round, covering Amber's wholesale-priced electricity model, its founders' backgrounds, and the case for pass-through renewable energy pricing.
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Startup Daily reports the inaugural Governor of Victoria Startup Awards, where Amber Electric and Seer Medical shared the top prize, Linktree took scaleup honours, and the Allens' Tractor Ventures won investor recognition.
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